Studies from various sources have consistently shown that erosion can lead to a loss in annual energy production (AEP) of up to 20 per cent on severe cases. This figure is hard to ignore, and highlights the Return on Investement (RoI) benefits that can be achieved from paying close attention to erosion.

Mytrah Vayu (Tungabhadra) Private Limited (MVTPL), a subsidiary of Mytrah Energy (India) Private Limited (MEIPL), has entered into a definitive agreement with Guayama PR Holdings BV, an investment vehicle of GE Energy Financial Services, whereby GE has agreed to invest upto $31 million in MVTPL to support the development of a 200 MW wind energy project in Andhra Pradesh.

Solar power tariffs in India, which have fallen below Rs.5 per unit since November, are expected to fall further as the industry doubles volumes every year and the cost of producing power continues to decline.

Mytrah Vayu (Tungabhadra) Private Limited (MVTPL), a subsidiary of Mytrah Energy (India) Private Limited (MEIPL), has entered into a definitive agreement with Guayama PR Holdings BV, an investment vehicle of GE Energy Financial Services, whereby GE has agreed to invest upto $31 million in MVTPL to support the development of a 200 MW wind energy project in Andhra Pradesh.

Though a free energy resource, wind is much intermittent than solar, with speeds varying within minutes and affecting power generation. In cases of high speeds, there can be overloading of generator. Besides this, wind energy is harnessed through turbines - the setting up of which require research, technical know-how and most importantly land.

The growth in the wind sector has been aided by tremendous improvement in wind turbine technology with a select few turbine manufacturers offering the latest 2 MW Wind Turbine Generator (WTG) platform.

During the last financial year, we posted profits and expect to do so, this year too. We will now continuously be on the profitable path because we have brought down some fixed costs. Also, when we plan to add over 1,000 MW a year, we will always be in profit. The market is growing at 30 per cent and we are growing above the market levels.

UBM India, India’s leading exhibitions organiser will host the 10th edition of its flagship event, Renewable Energy India Expo (REI) from 7th to 9th September 2016 at the India Expo Center, Greater Noida. REI is a global platform where India’s green economy community including overseas participants will congregate to discuss industry trends, challenges and market insights including the Indian regulatory framework.